NVIDIA has announced that Jensen Huang has resigned as President and Chief Executive Officer, effective immediately. Huang has also stepped down from the company’s Board of Directors, with Executive Vice President and Chief Financial Officer Colette Kress appointed as interim CEO.
The announcement was made by NVIDIA, confirming that its Board of Directors has begun searching for a permanent replacement. The company will consider both internal and external candidates for the position.
Kress will continue serving as NVIDIA’s Executive Vice President and Chief Financial Officer while taking on the additional responsibilities of interim CEO. She joined NVIDIA in September 2013 and has overseen the company’s financial operations throughout much of its growth. Before joining NVIDIA, she spent nearly 25 years working in finance at technology companies, including Cisco and Microsoft.
The company has also appointed Harvey C. Jones as its first Chair of the Board. Jones has more than 30 years of experience as a technology executive, entrepreneur and venture investor, including previous leadership roles at Synopsys.
Jones expressed confidence in Kress and NVIDIA’s existing management team, saying the company expects its operations and product plans to continue as scheduled.
“Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position,” Jones said.
He added that NVIDIA expects its customer commitments and technology roadmap to remain unaffected by the leadership transition.
Kress also addressed her appointment, acknowledging Huang’s contributions to the company over the past 33 years.
“NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years,” Kress said.
She confirmed that NVIDIA will continue focusing on accelerated computing and artificial intelligence while maintaining its existing commitments to customers, partners, developers and shareholders.
The company also confirmed that its third-quarter fiscal 2027 financial results will be released as scheduled on November 17 at approximately 1:20 p.m. PT, followed by an earnings call at 2 p.m. PT.
